Consolidation

Nothing much going on today!
As expected since yesterday could be considered a trend day. I am not 100% on the trend day because we gapped up most of the gains

January Phenom

The phenom states that 85% of the time the DOW move of the year can be predicted to the first 5 days of trading. My problem with it this year is that the move yesterday was politically motivated and is not based on technicals.

The move yesterday 'suggests' we will see the highs of last year matched.